How the US economy went from booming to a recession scare

Contributing sentiments towards policy:

35% : "Trump is going to have to rethink his notion that it's okay to let the market go down while he is experimenting with tariffs and slashing federal payrolls," he said.
34% : In other words, Goldman Sachs is betting that Trump will blink on tariffs if a recession looks imminent.
22% : But what if Trump doesn't blink? "If the White House remained committed to its policies even in the face of much worse data," Goldman Sachs economists wrote, "recession risk would rise further." Another major question mark: How will the Federal Reserve respond to the ongoing growth scare? Dudley, the former NY Fed chief, said Trump's tariffs put the Fed in a bind by simultaneously raising prices and hurting the economy.

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